(c) Lessor hereby appoints Lessee its agent for inspection and acceptance of the Aircraft from
the Supplier. Once the Certificate of Acceptance has been signed, Lessee may not cancel this Lease
other than in accordance with its express terms.




|  |  |  |
| --- | --- | --- |
| **2.** |  | **TERM, RENT AND PAYMENT:** |



     (a) The rent (**“Rent”**) payable for the Aircraft and Lessee’s right to use the Aircraft begins
on the date of the Certificate of Acceptance (**“Commencement Date”**). The term (**“Term”**) of this
Lease shall commence on the Commencement Date and shall continue, unless earlier terminated
pursuant to the provisions of this Lease, until and including the Expiration Date stated in Annex
B. If any Term is extended or renewed, the word **“Term”** shall be deemed to refer to all extended or
renewal Terms, and all provisions of this Lease shall apply during any such extension or renewal
Terms, except as may be otherwise specifically provided in writing.